Hydrogen

EverWind Fuels Announces Completion of FEED for its 1st Phase 240,000 Tonne per Annum Green Hydrogen-to-Green Ammonia Plant

Retrieved on: 
Thursday, April 4, 2024

The first phase of EverWind’s project is designed to produce approximately 240,000 tonnes per annum of green ammonia.

Key Points: 
  • The first phase of EverWind’s project is designed to produce approximately 240,000 tonnes per annum of green ammonia.
  • The Project meets the strictest global requirements for green fuels set by the European Renewable Energy Directive and has been pre-certified by CertifHy™.
  • The Project, which is part of EverWind's larger initiative to develop an Atlantic Canadian green fuels hub, will bring significant economic and environmental benefits to the region.
  • Completion of FEED and Construction Permitting: engineering works began in Q1 2022, advancing over two years to completion of FEED in March 2024.

Avina Unveils Plans for Cutting-Edge Sustainable Aviation Fuel Plant in the Midwest, Forges Alliance for Low-Carbon Ethanol Supply

Retrieved on: 
Wednesday, April 3, 2024

The SAF produced will have significantly reduced life cycle carbon emissions compared to conventional jet fuel.

Key Points: 
  • The SAF produced will have significantly reduced life cycle carbon emissions compared to conventional jet fuel.
  • Preliminary Front End Engineering Design (Pre-FEED) for the project is complete and FEED is expected to kick off in Q2 2024.
  • Avina is proactively collaborating with airline customers and other stakeholders to play a key role in meeting this target.
  • Sustainable Aviation Fuels are critical to decarbonizing the aviation sector and the Ethanol-to-Jet production pathway is the most immediate, cost-effective, and scalable option for aviation decarbonization.

Former CEOs of JetBlue, Maersk Drilling, and Public Service Enterprise Group (PSEG) join Avina Clean Hydrogen’s distinguished advisory board

Retrieved on: 
Wednesday, April 3, 2024

SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.

Key Points: 
  • SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.
  • Ltd., and Ralph Izzo, Former Chairman and CEO of Public Service Enterprise Group (PSEG), join the existing distinguished panel of advisory board members, bringing valuable expertise and insight to the company's projects in the clean fuels sector.
  • "We are thrilled to welcome our new Advisory Board members," said Vishal Shah, Founder & CEO of Avina Clean Hydrogen.
  • Their expertise will complement our existing prestigious Advisory Board members, enabling us to collaborate effectively in building a world-class company that delivers compelling clean fuel solutions to the market,” said Steven Berkenfeld, Board Member of Avina.

TOMI Environmental Solutions Receives Gold Safety Award from Highwire

Retrieved on: 
Wednesday, April 3, 2024

FREDERICK, Md., April 03, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, announced today that the company has received the Gold Safety Award from Highwire.

Key Points: 
  • FREDERICK, Md., April 03, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination solutions, announced today that the company has received the Gold Safety Award from Highwire.
  • The award is presented to TOMI in recognition of the Company achieving a score of between 85-94 on the Highwire Safety Assessment.
  • TOMI Environmental Solutions, Inc. has done a remarkable job implementing a strong safety management system resulting in exceptional safety performance and results," says David Tibbetts, CSP, Highwire’s Chief Safety Officer.
  • At TOMI Environmental Solutions, safety is paramount in everything we do.

Baker Hughes to Supply Snam with Hydrogen-Ready Technology to Support Decarbonization and Resilience of the Italian Gas Network

Retrieved on: 
Wednesday, April 3, 2024

The adoption of Baker Hughes NovaLT™12 turbines, which provide the option to run on 100% natural gas or hydrogen blends up to 10%, represents a significant milestone in decarbonizing the Italian gas network infrastructure and aligns with Snam’s strategy to achieve carbon neutrality on direct emissions by 2040.

Key Points: 
  • The adoption of Baker Hughes NovaLT™12 turbines, which provide the option to run on 100% natural gas or hydrogen blends up to 10%, represents a significant milestone in decarbonizing the Italian gas network infrastructure and aligns with Snam’s strategy to achieve carbon neutrality on direct emissions by 2040.
  • “This milestone in our long-standing collaboration with Snam demonstrates that the energy transition requires continuous partnership.
  • Together, we are innovating and delivering critical world-firsts for the decarbonization of gas networks,” said Ganesh Ramaswamy, executive vice president, Industrial & Energy Technology at Baker Hughes.
  • Baker Hughes’ advanced technologies and solutions serve the entire hydrogen value chain, from production to transportation and utilization.

TOMI Environmental Solutions, Inc. Reports Fourth Quarter and Year End 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024

FREDERICK, Md., April 01, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2023 results.

Key Points: 
  • FREDERICK, Md., April 01, 2024 (GLOBE NEWSWIRE) -- TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2023 results.
  • Financial Results for the year ended December 31, 2023, compared to December 31, 2022
    Total net revenue was $7,355,000 compared to $8,338,000.
  • Financial Results for the three months ended December 31, 2023, compared to December 31, 2022
    Total net revenue was $1,528,000 compared to $2,812,000.
  • TOMI will hold a conference call to discuss Fourth Quarter and year end 2023 results at 4:30 p.m.

PLUG Investor Fraud: HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Plug Power (PLUG) Investors with Substantial Losses to Contact Firm’s Attorneys, Securities Class Action Filed

Retrieved on: 
Monday, April 1, 2024

SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Plug Power Inc. (NASDAQ: PLUG) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Plug Power Inc. (NASDAQ: PLUG) investors who suffered substantial losses to submit your losses now .
  • The firm also encourages persons with knowledge who may be able to assist in the investigation to contact the firm’s attorneys.
  • Plug Power Inc. (NASDAQ: PLUG) Securities Fraud Class Action:
    The litigation challenges Plug Power’s assurances that its buildout and construction of its green hydrogen production plants was “on track” and that it identified multiple non-dilutive opportunities to continue funding its operations.
  • “We are investigating whether Plug may have deceived investors about the sufficiency of its liquidity,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Engine Technology Forum’s Statement about EPA’s New Heavy-Duty Vehicle Emissions Standards

Retrieved on: 
Friday, March 29, 2024

It requires truck makers to convert an increasing percentage of total vehicle sales each year to zero emission vehicles.

Key Points: 
  • It requires truck makers to convert an increasing percentage of total vehicle sales each year to zero emission vehicles.
  • In recent years, more greenhouse gas reductions in California have come from the use of renewable biodiesel fuels in diesel trucks than from vehicle electrification.
  • More than 57% of all commercial trucks in operation are outfitted with the newest generation of ultra-clean, near-zero emissions, advanced diesel technology.
  • We expect those accomplishments and innovations in advanced combustion technology to continue, even as the industry develops zero emission vehicles.

Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024

Retrieved on: 
Thursday, March 28, 2024

SYDNEY, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast” or the “Company”) (Nasdaq: VSTE), a renewable energy company specializing in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat today announced operational and financial results for the first half of the Company’s fiscal 2024, comprising the six months ended December 31, 2023.

Key Points: 
  • During the first half of fiscal year 2024, Vast announced several funding commitments from strategic partners.
  • “The support Vast has received from our strategic partners has been very meaningful to the progress of our company, both from a financial as well as operational standpoint,” said Craig Wood, CEO of Vast.
  • During the first half of fiscal year 2024, Vast continued to make progress on its first utility-scale project for power generation, known as VS1, located in Port Augusta in South Australia.
  • As of December 31, 2023, Vast had total diluted common shares outstanding of 29,291,884.

Chart Industries Announces the Grand Opening of Its Jumbo Cryogenic Tank Manufacturing Facility in Theodore, Alabama

Retrieved on: 
Thursday, March 28, 2024

ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, celebrates the grand opening of its “Teddy 2” facility, named as such because it is Chart’s second manufacturing facility in Theodore, Alabama.

Key Points: 
  • ATLANTA, March 28, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, celebrates the grand opening of its “Teddy 2” facility, named as such because it is Chart’s second manufacturing facility in Theodore, Alabama.
  • This plant will manufacture the world’s largest shop-built cryogenic tanks up to 1,700 cubic meter cryogenic storage vessels.
  • The Teddy 2 facility has direct access to waterways and railways, providing customers with lower freight costs and faster transportation to site.
  • “Chart Industries recognizes both the strength of local engineering expertise as well as our advanced manufacturing and workforce capabilities.